Author Predicts Big Changes in "the New Economy"

Built on the premise that the current economic crisis is the "new economy," Indianapolis author
Gerald Twombly predicts major changes in business, education, non-profits, and churches in his
latest book, "You Snooze, You Lose."

Indianapolis, IN, December 07, 2010 --(PR.com)-- Author Predicts Big Changes

President of BGW Development Group Weighs In

In the recently released book, You Snooze, You Lose, Indianapolis author Gerald Twombly addresses the
challenges and opportunities facing organizations, especially non-profits, in what he calls “the new
economy.” Mr. Twombly is the Founder and President of the BGW Development Group, an international
consulting agency committed to providing support to non-profits.

Unlike previous economic downturns experienced in the last 50 years, Twombly suggests that the
recovery will be much slower this time around. “People feel victimized by what has happened around
them. They weren't personally responsible for the events that have created worldwide economic
uncertainty but everyone has been affected. And even if they haven't lost jobs or income, most fear that
the possibility of personal crisis remains and they are bracing for the worst.”

Twombly suggests that bigger is no longer perceived as better, that outsourcing will rule the day,
entrepreneurial activity will increase, and small businesses will flourish. Many existing organizations and
businesses will be forced to downsize and others will be lost. He expresses confidence in the fact that the
private sector will fill the gaps left by the inevitable cuts and end up doing the job better and more cost
effectively. The most vulnerable will occur among organizations that entered the recession with
significant debt. He predicts that some of the greatest changes will occur in both public and private
education, churches, and non-profits.

Among the predictions made by Mr. Twombly in the book is that schools, both private and public, will
eventually be forced to jettison many non-essential programs. The author suggests that the mega church
may become a relic of the past in much the same way that the cathedrals of Europe are a testimony of a
time gone by. He believes the church of the future will look entirely different than what we see today. He
forecasts a trend toward self-sufficiency among non-profits.

Mr. Twombly points out that, for the first time in recent history, the impact of this crisis has been felt by
virtually everyone. People are sharing their stories with one another and many of the facades more
common in periods of affluence have crashed creating a new sense of community. Like a magnet,
individuals find themselves drawn into smaller, safer environments where they have a voice and can
exercise more influence in controlling outcomes. Those who recognize this trend will be among the big
winners in the new economy.

Mr. Twombly explains where we are and how we got there. His is an optimistic outlook for those who,

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discerning the times, will share in shaping the future. He believes that individuals, businesses, and
organizations caught snoozing during the most significant economic upheaval in 70 years will be the big
losers in the new economy.

The book is available in print and digital formats at Amazon.com.

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Contact Information:
BGW Development Group
Gerald Twombly
317-459-5229
Jtwombly@bgwservices.com
bgwservices.com

Online Version of Press Release:

You can read the online version of this press release at: http://www.pr.com/press-release/282285

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